MFPP has been introduced by our trusted business partner and some other people - already MFPP members ... (happy and satisfied members as well :-)
MFPP is 100% legitimate accredited company.
Not being an MLM, pooled fund etc. etc. , their staff is primarily concerned about full compliance, transparency and accountability of their company.
That said, you will NOT see here any Link to their Web Site or Referral Link.
If you are really interested to know more, please send your inquiry to email address
provided here
Find below some information we've get during interview with MFPP CEO.
FAQ
Q: Hi Guys, thank you for taking your time to answer questions for this interview.
Tell me some things about yourselves, your past experiences and qualifications?
A1: I'm an IT Professional for the past 10 years, had been a stock and options trader myself when I discovered forex and managed forex a couple of years back. I tried many managed forex accounts and discovered that most results online were falsified. I made some money and lost a lot of money with most managed forex. I quickly got fed up with scammer traders and dishonest IBs. It became apparent that I had to try ten traders to find one good one...
A2: I had started a successful internet marketing business a couple of years ago but recently the government's rulings and enforcement of those rulings reduced the profitability of my company dramatically, so I wanted to do some other good business online. I had also tried many managed forex accounts the past couple of years. I lost a lot of money when I first started, but through research I have been able to find some managed accounts that work. Then I began working with my present partners.
A3: I have been an entrepreneur since college, and I have started and owned many different kinds of businesses over the last two decades. Three years ago, I discovered and got involved with internet marketing. Then I discovered and undertook a study course to be a commodity futures day trader and was doing that for over a year. I had already been involved with managed forex and knew some forex traders personally not just online. I spent some time on educational trading forums and other forums seeking out good managed forex accounts where I met and befriended a very knowledgeable and honest man who would become my partner in forming our company. As for our qualifications: We are investors in our trader's accounts ourselves. Additionally, we have since become pending registrants, with the government agency that regulates trading practices in the USA.
Q: Tell us about your team involved with MFPP?
A1: We three are equal partners. I take care of the general management of the company, the due diligence on the traders and their trading records, helping the new clients with the brokerage forms for opening the accounts...
A2: My main role is customer service. I also assist the other two partners in both their roles. I am also exploring new marketing strategies to increase our customer base.
A3: My main roles are finding new managed forex accounts and developing existing successful forex traders into new money managers
and helping to negotiate the terms of our commissions. I also write most of our internal documents and contracts, with generous editing help from my partners and a key member of our Advisory Board.
Q: Tell me more about your traders?
A: MFPP1 -The trader of this managed account has over 6 years of trading experience, predominantly in the spot forex market. The strategy uses intra-day trading as well as longer term position trading based on Elliot wave theory projections and other technical indicators. Open trades can last from one hour to several months.
This account has a $5000 minimum
MFPP2-
This account is managed by a highly skilled trader from Boston, with over 16 years of experience in currency futures, options and spot forex . He has worked as a chief trader and head of different trading desks of various notable banks throughout Europe. His trading system attempts to profit from price retracement off Fibonacci levels, especially after market-moving news events. The system also trades on failed breakouts on major forex pairs. It attempts to generate approximately 1% profit per trade with a high probability of success. This conservative day trading strategy combined with sound money management provides very attractive long-term capital growth prospects.
This account has a $10000 minimum
Q: Are you a HYIP?
A: NO, we are not a HYIP. We offer only conservative and realistically sustainable managed accounts with established professional forex traders with proven track records that practice sound money management. We do not and never will offer any pooled investments, which by the way are quite illegal and are one of the sure signs of HYIPs posing as legitimate forex accounts. Our managed accounts are also fund-able only with
hard currencies, ie no e-gold or e-bullion etc.
Q: How do you research your traders?
A: We are constantly seeking out and researching many traders to find ones that meet our stringent criteria. Many we eliminate right away as they are not willing or able to offer substantial or verifiable documentation. When we do have sufficient documentation supplied to us, we scrutinize their past records and analyze the risk to reward and the safety of the trader's practices. We then decide whether or not to invest our own money to test these traders. Then after no less than two to six months of analyzing the results in our own test accounts, if our expectations are met or exceeded, we offer these managed accounts to our clients.
Q: Can you tell us a little about the past performance of these traders?
A: MFPP1: This trader has peformed very well, having earned over 300% in his managed accounts since January 2006. His winning trades' earnings and his draw downs have varied within a wide range, but overall his profits and money management practices have been consistent.
MFP2: This trader has had consistent 5-10% monthly returns since October 2006, with minimal draw downs, and very tight money management. This trader/money manager is one the best we have ever seen or heard of.
Deposit and Withdrawal Questions
Q: Is there any lock-in period on members' fund?
A: No, again we are NOT HYIP. Each person or business entity has their own account in their own name with the brokerage. Their are no time limitations on depositing or withdrawing, like one or two years. There are minimums for opening and maintaining the account that are set by the trader and sometimes event the the brokerage may have minimum requirements that can often be amended through negotiation. But at any time, anyone may make an additional deposit request a partial or total withdrawal from their brokerage account by emailing or faxing in a signed request.
Q: What are the deposit and withdrawal options?
A: Funding and withdrawals can be either done by check, bank wire or B2B which is broker to broker wire transfer. The deposit must be from an account of the same name as the individual or the business entity opening the forex account with the brokerage. Withdrawals follow the same protocol, but each brokerage has their own process and time frames for withdrawals. We have found that most will perform within 2-5 business days after they receive your request for withdrawal by fax or email.
Q: Thank you for your time.
A: Our pleasure. We are legitimate businessmen with a solid menu of pretested, time validated managed Forex accounts that we offer for your consideration. We hope that you readers will appreciate that and avail themselves to make further inquiries.
Q: How can I get more information?
A: Any inquiries can either go directly to FMPP.
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